Shiba Inu (SHIB) and Dogecoin (DOGE) Continue Freefall; Flasko (FLSK) Ready to Moon

Several months after the collapse of Terra blockchain that sent the total market capitalization of the crypto industry sinking below $1 trillion and tanking literally almost every major cryptocurrency’s prices with it – including meme coin favorites Shiba Inu (SHIB) and Dogecoin (DOGE), which have gone on a terminal freefall since the first quarter of 2022.

Both meme coins have had as much as 90% of their value obliterated from their share prices, leaving most investors now searching for protocols that offer unique use cases, long-term viability, and greater potential for growth – and a new alternative investment protocol has emerged as one of the best cryptos to invest in for 2022 and beyond: Flasko.

Shiba Inu (SHIB): In The Red Since May 2022

Dog-themed meme coin Shiba Inu (SHIB) used to be the darling of the crypto space as the bull run of 2021 reached fever pitch in no small part due to cut-rate prices and widespread speculation. This led to Shiba Inu (SHIB) hitting astronomical highs in the wake of an unfathomable 46,000,000% increase – which ultimately proved unsustainable for the meme coin.

Since May 2022, however, Shiba Inu (SHIB) has done nothing but bleed out in share price, as Shiba Inu (SHIB) failed to make any sort of significant recovery. Shiba Inu (SHIB) has been terribly exposed for its lack of utility or fundamental value. Like most meme coins, the only asset that backed Shiba Inu (SHIB) was the irrational speculation behind meme coins.

Dogecoin (DOGE): The Original Meme Coin is Moribund

Dogecoin (DOGE) was the original meme coin from whence the dog-flavored coin frenzy began. And get this: Dogecoin (DOGE) wasn’t developed for its utility, asset backing, or viability. Dogecoin (DOGE) was launched as an ironic piece of satire. Dogecoin (DOGE) developers created a crypto that no one would take seriously, but the irrational speculation behind meme coins in 2021 changed that – making Dogecoin (DOGE) the most valuable meme coin at that point in time.

Trouble is, the bloom has faded on the meme coin rose, so to speak – leaving Dogecoin (DOGE) in a terminal decline. And given Dogecoin (DOGE) and its inflationary nature, the supply will always exceed the demand. Avoid meme coins like the plague this crypto winter.

Flasko (FLSK): The Presale of the Season

Meme coin investors are ditching their holdings for a projects with real utility, asset backing, and long-term viability – more specifically, Flasko. Flasko is in the process of creating the first alternative investment protocol exclusive to the rare wines, whiskeys, and champagnes segment – a segment that has performed better than equities or gold in the past few decades.

With Flasko, investors will be able to invest in what used to be an asset class restricted only to the biggest institutions and take advantage of their scarcity that ensures their rising demand. Flasko isn’t just about investing in numbers on a screen, though – Flasko is backed by its vast catalog of the choicest vintage rare wines and champagnes which can be delivered straight to investors’ homes.

Flasko is currently on presale, making it a perfect opportunity to get in on the ground floor of a blockchain platform that is sure to go on a long run. And with 33 years worth of locked platform liquidity to guarantee its future success, and a full audit by Solid Proof, Flasko is definitely the presale event of the year.

Website: https://flasko.io

Presale: https://presale.flasko.io

Telegram: https://t.me/flaskoio

Twitter: https://twitter.com/flasko_io

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